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However, most charities are unable to take on deeded ownership of a timeshare, so they opt to sell the timeshare. If a charity sells the timeshare and keeps the proceeds as a donation, the donor is then entitled to a tax deduction. [4] Timeshare properties worth more than $5,000 need a written appraisal in conformity with IRS standards ...
Donovan, who had a background in both timeshares and golf community development, [13] reorganized the company into land, timeshare and home sale divisions, [22] forming the Bluegreen Resorts and Bluegreen Communities divisions in 1994. [13] That year Patten Corp. purchased land in Gatlinburg, Tennessee to develop its first timeshare, MountainLoft.
This is a list of the major timeshare companies worldwide. Timeshare companies. Company Office Resort locations Number of resorts Number of rooms Number of owners
I've visited the Smoky Mountains with my husband every winter for the past 15 years.. With large-scale holiday events and snow-capped mountains, this area is perfect for a getaway. There's so much ...
This page was last edited on 29 October 2024, at 16:14 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Timeshare contracts allow transfer through sale, but it is rarely accomplished. According to the EU Directive, Long-term holiday ownership products in the EU, which includes timeshare fixed weeks, points and fractional ownerships cannot be sold as resellable assets. Recently, with most point systems, owners may elect to: [citation needed]
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